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College of Business Trading Room impacts students’ career readiness

Monday, May 22 2017 12:00am

Bloomberg Terminals provide students with applied learning experiences in finance

Tags: Finance

Ohio University College of Business students returned to a new and improved Copeland Hall during the 2017 spring semester, equipped with a new trading room designed to give students access to finance industry technology that is used to analyze real-time financial market data.

The space is home to 12 new Bloomberg Terminals, courtesy of the Finance Advisory Council and Finance Department partners who support  the College’s initiative to provide students with the tools needed to be competitive in today’s job market.

The donors were recognized and celebrated for their dedication alongside the College’s students, faculty and staff during a ribbon cutting ceremony on April 21, 2017.

"We have found that students who have experience with these industry tools excel when securing jobs and internships,” said Andrew Fodor, associate professor and chair of the Finance Department. “The generosity of our donors has given our students an opportunity to put this technological knowledge into practice. Now, more students are receiving experience with these tools and gaining a competitive advantage.”

The trading room serves as a functional and applied classroom space for finance courses as well as an open lab for all students to use the Bloomberg Terminals.

The Bloomberg Terminals provide students with the access to gain a Bloomberg Market Concepts certification (BMC), an 8-hour training that teaches the functions of the terminal for finance professionals.

Students can also connect with OHIO alumni that are working on Wall Street through the terminals Instant Bloomberg function, a chat tool used by finance industry professionals. Through this function, students can connect and learn from alumni as industry news and data points develop.

Natalie Clark, College of Business junior majoring in management information systems and finance, is an example of the way this technology is preparing students. Clark will be working for Bank of America this summer. To prepare for her internship, Clark stayed on campus after spring semester to work on the Bloomberg Terminals. 

“Having access to the Bloomberg Terminals here at OHIO is incredible,” she said. “It's benefited me immensely because I’ll have some core knowledge of how the terminal works going into my internship. And it’s not just for finance students, having access to this technology is valuable in any area of business.”

Whether students are simply feeding their curiosity about market data or using the terminals for a course project, the space provides an open environment for students to gain experience with the technology and prepare for their future. Since its opening, the space has been heavily utilized as a resource in the College.

"I think the best feedback that I’ve received about the space is non-verbal. The room is being used heavily and that shows its true value. Our students understand that we are investing in their future. This space represents a great level of trust from our donors in the students, our faculty, and the college,” said Fodor.

The College of Business remains dedicated to expanding opportunities for applied learning experiences. Learn more about the Finance Department at the Ohio University College of Business.